Lincoln Company engaged in this transaction: Received dividends on marketable securities held as a long-term investment.
Indicate which section,if any,the above transaction would appear in,or relate to,on a statement of cash flows.
A)Schedule of noncash investing and financing transactions.
B)Operating activities section.
C)Financing activities section.
D)Investing activities section.

Question

Quizplus · Accepted Answer

Receiving dividends on marketable securities held as a long-term investment is considered an operating activity because it relates to the income received from investments, which is part of the company's ongoing primary operations' cash flows.

Lincoln Company Engaged in This Transaction: Received Dividends on Marketable